2459 Kingston Road
Toronto E06, ON M1N 1V4
About This Property
Rare Opportunity! First time on the market in 30 years, this well-known bar & restaurant at 2459 Kingston Rd, Scarborough, is on the market as the current owner retires after three decades of proud ownership. Located in a busy plaza with plenty of parking, surrounded by apartments and a residential neighborhood, and in a high-traffic area, this spot is perfectly positioned for steady business. The restaurant comes fully equipped with a 10 ft hood, two walk-in coolers, and an LLBO license for 80 seats inside, 10 on the patio, and 45 in the basement with pool tables. Rent is $8,649/month (TMI & HST included), with the current lease until December 2026; a new lease will need to be arranged with the landlord. A rare chance to take over a thriving, well-established business with guaranteed income from regulars!
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® E12793824
Listed by REON HOMES REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$1,704
/month · $279,200 mortgage
Amortization
Total Interest
$232,064
Total Cost
$511,264
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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REON HOMES REALTY INC.